This is Statistics. Provide clear explaination or readable solution thank you.

For numbers 3 to 7, refer to the given problem below. A state university wants to increase its retention rate of 4% for graduating students from the previous year. After implementing several new programs during the last two years, the university reevaluated its retention rate using a random sample of 352 students and found the retention rate at 5% Which is the correct pair of hypotheses? A. Hot p - 0.04: Ha p > 0.04 B. Ho: p - 0.04: Ha p